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Home / Metal News / What Cause Zinc Spot Premiums to Shrink Sharply in Tianjin? SMM Reports

What Cause Zinc Spot Premiums to Shrink Sharply in Tianjin? SMM Reports

iconSep 22, 2017 17:40
Source:SMM
Spot premiums on #0 zinc shrank sharply from 580-750 yuan per tonne early this week to 400-450 yuan per tonne over SHFE October zinc in Tianjin on September 22, SMM reported.

SHANGHAI, Sept. 22 (SMM) – Spot premiums on #0 zinc shrank sharply from 580-750 yuan per tonne early this week to 400-450 yuan per tonne over SHFE October zinc in Tianjin on September 22, SMM reported.

Supply tightness and soft demand narrowed spot premiums in Tianjin, SMM said.

Why Zinc Inventory Falls Remarkably in China Major Three Markets? SMM Reports

Supply tightness somewhat eased after smelters that used to ship goods to Shanghai delivered goods to Tianjin. Meanwhile, imported KZ zinc also arrived in Tianjin.

Domestic Zinc Resources Witness Firm Premiums on Supply Tightness, SMM Reports

But, zinc consumption was dampened due to environmental protection checks, SMM added.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

spot premiums
zinc prices
SHFE zinc
spot discounts
imported zinc

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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